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Hi Sun Technology (China) (Hi Sun Technology (China)) Retained Earnings : $1,103.9 Mil (As of Dec. 2023)


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What is Hi Sun Technology (China) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hi Sun Technology (China)'s retained earnings for the quarter that ended in Dec. 2023 was $1,103.9 Mil.

Hi Sun Technology (China)'s quarterly retained earnings increased from Dec. 2022 ($1,049.8 Mil) to Jun. 2023 ($1,083.8 Mil) and increased from Jun. 2023 ($1,083.8 Mil) to Dec. 2023 ($1,103.9 Mil).

Hi Sun Technology (China)'s annual retained earnings increased from Dec. 2021 ($927.5 Mil) to Dec. 2022 ($1,049.8 Mil) and increased from Dec. 2022 ($1,049.8 Mil) to Dec. 2023 ($1,103.9 Mil).


Hi Sun Technology (China) Retained Earnings Historical Data

The historical data trend for Hi Sun Technology (China)'s Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hi Sun Technology (China) Retained Earnings Chart

Hi Sun Technology (China) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 927.51 1,049.80 1,103.94

Hi Sun Technology (China) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 927.51 - 1,049.80 1,083.80 1,103.94

Hi Sun Technology (China) Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Hi Sun Technology (China)  (OTCPK:HISNF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Hi Sun Technology (China) (Hi Sun Technology (China)) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, Room 2515, 25th Floor, Sun Hung Kai Centre, Wanchai, HKG
Hi Sun Technology (China) Ltd has five operating segments: payment processing, financial solutions, electronic power meters, Information security chips & solutions, and platform operation solutions. The payment processing solutions segment is engaged in the provision of payment processing services, merchant recruiting, and related products and solutions. Financial solutions provide consulting, integration, and operation services of information technology products to financial institutions and banks. The firm manufactures electronic power meters primarily for the public sector. Platform operation solutions provide operational support for telecom and payment platform solutions. Its geographical segments are Mainland China and Hong Kong.

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